In the News

Power outages persist in the aftermath of Hurricane Helene, with over 97,000 homes and businesses still affected across Georgia and the Carolinas.

Oil prices slid over 4% following reports of a potential Hezbollah-Israel ceasefire, easing market fears of broader conflict in the Middle East.

MARA launches a new power generation project using excess natural gas to fuel bitcoin mining operations, reducing environmental impact and avoiding competition for electricity with AI data centers.

Minister Gwede Mantashe reaffirms the South African government’s commitment to oil and gas exploration, emphasizing its importance for energy security and economic growth despite environmental concerns.

Mantashe emphasizes the potential of South Africa’s oil and gas sector, calling for investment and recognition of petroleum in the energy mix

Power Africa helps Nigeria reduce gas flaring and turn emissions into energy through the NGFCP, advancing both environmental and economic goals

Chevron divests its Canadian oil sands assets for $6.5 billion, marking a strategic shift toward higher-growth areas like U.S. shale and Kazakhstan.

Equinor acquires a 9.8 percent stake in Orsted, adding 1.7 GW to its renewable energy portfolio, as both companies navigate challenges in the offshore wind sector.

Oil prices dipped slightly after reaching their highest levels in over a month, driven by concerns over supply disruptions from the ongoing Middle East conflict.

Iran’s oil minister visits Kharg Island, meeting with naval officials to discuss energy security amid rising tensions with Israel